I'm obvious a great fan of William A. Ackman as I hate those HerbaLife type of businesses that only make their sales cause distributors buy, and not caring whether these buyers even sell. Yes I've been to similar conventions in my younger years where it was all about buying to giving it away for free as samples to find more distributors. What a business model is that.
Agreed, Ackman, is one sneaky guy in how he plays it but the end justifies the means.
That article is a few weeks old, current status:
This year Herbalife's stock price has fallen 24 percent and Ackman's fund has gained roughly 20 percent this year, three investors said on Thursday.
Read more: http://www.businessinsider.com/r-sec...#ixzz30dI8kuQ9
We're on the winning side!